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In a bid to enhance security, user experience and maximize staking rewards, we are excited to announce a significant update for our slisBNB product: the multi-node delegation upgrade. In simpler terms, this upgrade essentially diversifies the BNB deposited to mint slisBNB into a variety of different validators.
Following this upgrade, all BNB deposited into Lista will be utilized exclusively to mint slisBNB. Consequently, other BNB LSTs (BNBx, AnkrBNB, stkBNB) will no longer be minted.
Henceforth, with this upgrade, we will convert all existing BNBx, AnkrBNB, and stkBNB into slisBNB accordingly. It is important to note that this will be a process that involves a change in our asset structure to fully utilize slisBNB. There will be no changes with regards to Lista’s functionalities.
This new approach and upgrade will help improve the security and capital efficiency of slisBNB. Here is what you need to know:
With the Multi-node Delegation upgrade, users can expect a substantial increase in yield. By delegating to nodes with higher yields and actively monitoring yield changes, we can better optimize for a more flexible and profitable liquid staking experience for slisBNB users.
The upgrade will therefore open up new avenues for maximizing returns on users’ BNB, aligning with our commitment to delivering value to our users.
Another key benefit of the multi-node delegation upgrade is the significant reduction in withdrawal time. Previously, since BNB withdrawals were bundled together every 7 days before the actual withdrawal which takes another 7 days, withdrawals could take anywhere from 7 to 14 days. However, with the implementation of multi-node delegation, the bundling process will happen almost instantaneously, and as a result, the majority of withdrawals will now be processed within 7–8 days.
With the implementation of the BNB Chain Fusion upgrade, the multi-node Delegation update will also greatly simplify the entire liquid staking process, with added security as well.
This ensures that users can delegate their assets with confidence, knowing that their funds are in safe hands. This aligns with our commitment to prioritizing user security and convenience in every aspect of our platform.
In conclusion, the multi-node delegation upgrade represents a significant step forward in our mission to empower users with greater control over their liquid staking activities. With increased yield opportunities, streamlined withdrawal processes, and enhanced safety measures, users can look forward to a more rewarding and seamless liquid staking experience.
Stay tuned for further updates as we continue to innovate and optimize our platform to meet the evolving needs of our community.
In a bid to enhance security, user experience and maximize staking rewards, we are excited to announce a significant update for our slisBNB product: the multi-node delegation upgrade. In simpler terms, this upgrade essentially diversifies the BNB deposited to mint slisBNB into a variety of different validators.
Following this upgrade, all BNB deposited into Lista will be utilized exclusively to mint slisBNB. Consequently, other BNB LSTs (BNBx, AnkrBNB, stkBNB) will no longer be minted.
Henceforth, with this upgrade, we will convert all existing BNBx, AnkrBNB, and stkBNB into slisBNB accordingly. It is important to note that this will be a process that involves a change in our asset structure to fully utilize slisBNB. There will be no changes with regards to Lista’s functionalities.
This new approach and upgrade will help improve the security and capital efficiency of slisBNB. Here is what you need to know:
With the Multi-node Delegation upgrade, users can expect a substantial increase in yield. By delegating to nodes with higher yields and actively monitoring yield changes, we can better optimize for a more flexible and profitable liquid staking experience for slisBNB users.
The upgrade will therefore open up new avenues for maximizing returns on users’ BNB, aligning with our commitment to delivering value to our users.
Another key benefit of the multi-node delegation upgrade is the significant reduction in withdrawal time. Previously, since BNB withdrawals were bundled together every 7 days before the actual withdrawal which takes another 7 days, withdrawals could take anywhere from 7 to 14 days. However, with the implementation of multi-node delegation, the bundling process will happen almost instantaneously, and as a result, the majority of withdrawals will now be processed within 7–8 days.
With the implementation of the BNB Chain Fusion upgrade, the multi-node Delegation update will also greatly simplify the entire liquid staking process, with added security as well.
This ensures that users can delegate their assets with confidence, knowing that their funds are in safe hands. This aligns with our commitment to prioritizing user security and convenience in every aspect of our platform.
In conclusion, the multi-node delegation upgrade represents a significant step forward in our mission to empower users with greater control over their liquid staking activities. With increased yield opportunities, streamlined withdrawal processes, and enhanced safety measures, users can look forward to a more rewarding and seamless liquid staking experience.
Stay tuned for further updates as we continue to innovate and optimize our platform to meet the evolving needs of our community.
Lista DAO
Lista DAO
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